JSW hopes to create a coal empire under its wings

JSW plans to take over coking plants from Wałbrzych and Zabrze, which would boost its value by zł.300 million. "It is necessary to link a coking coal producer with coke producer," said JSW president Leszek Jarno. The firm is also planning to increase its stake in the Przyjaźń coking plant. If all the plans were fulfilled, then the new entity would produce as much coke as all the plants belonging to Ispat Polska Stal. "JSW should be privatized through the floatation of shares and the currently planned solutions are a move in the right direction," said Janusz Olszowski, president of the Mining Chamber of Trade and Commerce (GIP-H). (Puls Biznesu, pp. 1, 5) M.M.